SWOT Analysis
1
Strengths
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Our team members are quite diverse, everyone is from a different country or region (New Zealand, Cambodia and China). We have different backgrounds, therefore we understand how each culture is unique and significant.
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We have a team member who grew up in Grey Lynn, so she has. better understanding of the community and the people who live i the area
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Social media is a powerful marketing platform in this modern world, by creating social media accounts, we will be able to reach and interact with a variety of people from different cultural backgrounds.
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A weekend event has an advantage because everyone will have time off to come visit with friends and family
2
Weaknesses
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Our team is enthusiastic but inexperienced in many areas of planning and doing hands-on design
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Lack of materials to efficiently plan and run our event
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Lack of funding and high expenses for things like outreach and layout as our event is new and unknown
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There are many other similar events that had happened before and big competitors around New Zealand with much better budget
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Lack of staff and business close to the venue
3
Opportunities
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Eke Panuku Development Auckland are invested in urban regeneration within the region which means we would be able to move forward with the support of government organisations
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Our event presents a variety of cultures where people will be able to experience a variety of customs and traditions that can lead to good press
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Exposure to international students who want to know more about New Zealand, they will have the opportunity to represent their country and culture
4
Threats
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The increased level of COVID-19 prevention and control may lead to the cancellation of our activities
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We may not find many investors to invest in the event
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Inconsistent weather may challenge our event to launch successfully
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There might be emerging competitors who are inspired to create similar events
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Unexpected hazardous event which can lead to bad press